Just Energy Group Inc
JE
JE was delisted on the 22nd of March, 2021.
32 hedge funds and large institutions have $48.4M invested in Just Energy Group Inc in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 17 closing their positions.
403% more capital invested
Capital invested by funds: $9.62M → $48.4M (+$38.8M)
127% more call options, than puts
Call options by funds: $659K | Put options by funds: $290K
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
6% less funds holding
Funds holding: 34 → 32 (-2)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$33.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$29M |
| 3 |
CAM
Claret Asset Management
Montreal,
Quebec, Canada
|
+$10M |
| 4 |
Jane Street
New York
|
+$2.57M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$2.09M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$1.09M |
| 3 |
Renaissance Technologies
New York
|
-$798K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$627K |
| 5 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$440K |
JE Hedge Fund Activity: Q3 2020 in Review
32 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Just Energy Group Inc (JE) for Q3 2020, worth a combined $48.4M — up 403% from $9.62M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of JE and 15 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 11 added.
The largest buyer was PenderFund Capital Management, opening a new position worth an estimated $33.6M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), exiting entirely with an estimated $2.09M sold.
- 32 institutional investors held Just Energy Group Inc (JE) as of Q3 2020, down from 34 in Q2 2020.
- Funds reported $48.4M of Just Energy Group Inc stock for Q3 2020, up 403% quarter-over-quarter.
- 15 funds opened new Just Energy Group Inc positions in Q3 2020 and 17 closed out, a net change of -2 holders.
- The largest Just Energy Group Inc buyer in Q3 2020 was PenderFund Capital Management, an estimated $33.6M added.
- The largest Just Energy Group Inc seller in Q3 2020 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $2.09M sold.
Based on aggregated 13F filings for Q3 2020.